5. Economic data
Global investment in the green hydrogen sector reached $1.5 billion in 2022. It is expected to reach $50 billion per year by 2030.
The leading countries for investment in green hydrogen are the European Union, Japan, China, the United States and South Korea.
The cost of green hydrogen is set to fall over the coming years, thanks to technological advances and economies of scale. In 2024, the price of green hydrogen will be between €5 and €10/kg.
The graph in figure
20
shows the investment cost (CAPEX) as a function of the power of an electrolyzer.
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Economic data